Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia - 2023

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (CIF) - 2022
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (CIF) - 2022

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $7,570 per ton in 2022, growing by 51% against the previous year. In general, the import price, however, saw a deep reduction. The import price peaked at $16,116 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($13,422 per ton), while the price for Finland ($6,228 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced a decline.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $10,420 per ton, waning by -28.9% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 94% against the previous year. As a result, the export price reached the peak level of $23,905 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($22,250 per ton), while the average price for exports to Turkey ($10,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia

In 2022, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -48.3% to 5.4 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses reduced remarkably to $41K in 2022. Over the period under review, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $52K, and then dropped sharply in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands32.438.7N/A13.8-24.8%
SwedenN/A0.110.710.2910.0%
FinlandN/AN/AN/A5.50%
China2.43.61.84.826.0%
Germany0.8N/A0.43.766.6%
Poland0.50.91.31.233.9%
LatviaN/AN/A4.5N/A0%
Lithuania5.1N/A30.5N/A144.5%
Others1.12.23.11.510.9%
Total42.345.552.440.8-1.2%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Estonia in 2022:

  1. Netherlands (2200.0 kg)
  2. Sweden (1355.0 kg)
  3. Finland (889.0 kg)
  4. China (475.0 kg)
  5. Germany (336.0 kg)
  6. Poland (90.0 kg)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Estonia was estimated at 3.4 tons, increasing by 13% on 2021 figures. In general, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,343% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses dropped markedly to $35K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,880%. As a result, the exports reached the peak of $44K, and then shrank markedly in the following year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A26.20%
Latvia0.50.13.47.6147.7%
LithuaniaN/A0.34.51.082.6%
Russia19.71.735.60.2-78.3%
OthersN/A0.1N/A0.10.0%
Total20.22.243.635.020.1%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Estonia in 2022:

  1. Turkey (2600.0 kg)
  2. Latvia (655.0 kg)
  3. Lithuania (92.0 kg)
  4. Russia (8.0 kg)

Source: IndexBox Market Intelligence Platform

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